86 LAKESHORE ROAD W, Oakville, Ontario L6K 3A2
$1,199,000.00
- 2 bedrooms
- 3 bathrooms
Exceptional opportunity in the heart of Old Oakville on prestigious Lakeshore Road West. This rare mixed-use (commercial + residential) property offers the perfect blend of lifestyle potential. Featuring a street-level retail space with excellent exposure and a separate entrance to a spacious two-storey residential unit above, this property is ideal for both investors and end- users. With separate meters for each unit, it offers convenience, efficiency, and flexibility in managing tenants or personal use. The property has AAA+ tentans, generates approximately $80,000 in annual rental income, providing immediate cash flow. The commercial component is ... read more
Exceptional opportunity in the heart of Old Oakville on prestigious Lakeshore Road West. This rare mixed-use (commercial + residential) property offers the perfect blend of lifestyle potential. Featuring a street-level retail space with excellent exposure and a separate entrance to a spacious two-storey residential unit above, this property is ideal for both investors and end- users. With separate meters for each unit, it offers convenience, efficiency, and flexibility in managing tenants or personal use. The property has AAA+ tentans, generates approximately $80,000 in annual rental income, providing immediate cash flow. The commercial component is further enhanced by a fully finished basement, offering two workshop areas, a waiting room, storage, and a bathroom-adding valuable functional space for a wide range of business uses. Ideally located just steps to the lake, downtown Oakville, boutique shops, cafes, and transit, this high-exposure location ensures strong tenant demand and long-term value appreciation. Key Highlights: Prime mixed-use property with two municipal addresses (86 Lakeshore/95 Kerr #6), Town center street-level retail with excellent visibility(appr.530sqft ground plus basement workshops), Separate entrance to upper two-storey residential unit (appr.1700sqft), Separate meters for residential and commercial units, Fully finished basement with workshops, waiting area, storage & bathroom, Dual income streams - residential + commercial(appr. $80k annually), Upper unit on flexible tenancy, offering end-user or investor versatility, Inside and outside parkings and one commercial ground parking pass, Well-maintained with upgraded major systems, Brand new hot water tank and air handlers, New dishwasher and stove. A rare opportunity for investors seeking stable cash flow or end-users looking to operate a business while living above or offsetting expenses with rental income. (id:25417)
- Listing ID: W13744206
- Property Type: Single Family
| Property | |
|---|---|
| Ownership: | Freehold $223.21 / Monthly |
| Lot Size: | 16.5 by 78.7 FT Fenced Yard and Landscaped |
| Parking: | Attached Garage 2 Spaces |
| Building | |
|---|---|
| Type: | Single Family Row / Townhouse |
| Appliances: | Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings and Water Heater |
| HVAC: | Central Air Conditioning, Fireplace and Forced Air Natural Gas |
| Exterior: | Concrete and Brick |
| Basement: | Full (Finished) |
| Utilities: | Cable and Sanitary Sewer |
| Location | |
|---|---|
| Town: | Oakville |
| Province: | Ontario |
| Nearby Amenities: | Park and Public Transit |
| Rooms | Level | Dimensions |
|---|---|---|
| Family room | Second level | 8.55 m x 4.21 m |
| Kitchen | Second level | 4.64 m x 4.19 m |
| Primary Bedroom | Third level | 6.22 m x 4.16 m |
| Bedroom 2 | Third level | 4.44 m x 3.98 m |
| Workshop | Basement | Measurements not available |
| Other | Main level | 6.27 m x 4.16 m |
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